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SUB2/WRAP DEALS = GOING TO PRISON!!? :(
Hey BP,I'm in FL and am fascinated by sub2 deals with wrap mortgages. I am wanting to utilize this as a way to invest and add to my portfolio. So I was talking with an attorney and he mentioned equity skimming laws ...
Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
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Neighbor painted “my” trees, wants court
Hi BP, So it’s time to put up a fence for our soon to be completed flip. My wife wanted to start working on it, but there’s a bunch of nasty bush/ trees blockin the property line and the existing fence only runs hal...
Joel Owens
100,000 isn't much anymore
I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.
Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...
Nick Causa
Getting crushed by HELOC interest
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Account Closed
Seller Fiancing as a retirement strategy
Quite often I hear people talk of seller financing as more of a last ditch resort when disposing of property that one might not be able to sell any other way. I'm sure that many of you have come across these kind of ...
John Humphries
Best areas to invest in buy and hold on Vancouver Island
I'm curious to hear from other Vancouver Island investors to see if you have been able to locate any buy and hold opportunities with cash flow? I'm over in Courtenay and not having much luck here lately. My wife and ...
Scott Eadie
Beginner with Large Capital Access ($10M)
Good Morning,I have reached out to a wonderful investors real estate agent and have read the book " The Millionaire Real Estate Investor " which has given me a good introduction including Mindset, Charts, an Understa...
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Nicholas Patrick
Should i drop out of college to be a real estate investor
I have okay grades in college. A 3.2 GPA which isn't bad for my first semester. I was thinking about dropping out though and pursuing real estate investing. Should I? If I don't drop out, besides real estate, what maj...